{"id":278,"date":"2024-06-28T15:12:02","date_gmt":"2024-06-28T12:12:02","guid":{"rendered":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/28\/livespins-aims-to-redefine-slot-machines\/"},"modified":"2024-06-28T15:12:02","modified_gmt":"2024-06-28T12:12:02","slug":"livespins-aims-to-redefine-slot-machines","status":"publish","type":"post","link":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/28\/livespins-aims-to-redefine-slot-machines\/","title":{"rendered":"Livespins Aims to Redefine Slot Machines"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/aM7l-bQ1onA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## Livespins Aims to Redefine Slot Machines &#8211; iGB<\/p>\n<p>Marese O&#8217;Hagan talks with Michael Pedersen, Chief Business Officer of Livespins, about the driving force behind the company and why he thinks it can disrupt an industry that needs a change.<\/p>\n<p>**Home > Casino &#038; Gaming > Slot Machines > Livespins Aims to Redefine Slot Machines**<\/p>\n<p>Livespins aims to redefine slot machines. Slot machines have long been considered a solitary form of entertainment. The industry is somewhat isolated, and the lack of companionship is something that Livespins, a casino streaming platform, hopes to change by entering the slot machine market. They&#8217;ve created a shared streaming experience that allows customers to wager together. The company&#8217;s move is supported by the industry&#8217;s push for more shared experiences, especially in the wake of the Covid-19 pandemic.<\/p>\n<p>Streaming, at least in iGaming, is still in its early stages. Currently, companies like SharedPlay, Interactive Gaming Group, and CasinoGrounds are competing to be the ones to solve the streaming puzzle.<\/p>\n<p>Meanwhile, developers are pushing to create multiplayer slot machines &#8211; something many believe could be the biggest change in the industry since the first online casinos.<\/p>\n<p>But as Twitch, the streaming website, has shown by banning casino links during live streams, can this traditional mechanism flourish with a more modern feel? Michael Pedersen of Livespins certainly believes so.<\/p>\n<p>Tell us about how Livespins operates. What makes it different from other products available? <\/p>\n<p>The most effective way to clarify this is by using a familiar gambling concept known as &#8220;side wagering.&#8221;<\/p>\n<p>You&#8217;re aware that in a real gambling establishment, you don&#8217;t have to be seated at the table, you can stand behind a player and place a bet, right? We&#8217;re taking that concept and merging it with live casino broadcasting. You&#8217;re not just observing a streamer, you can join their game, place a bet behind them, and even wager with other participants.<\/p>\n<p>It&#8217;s a communal experience, perhaps 50 individuals are wagering behind the streamer, if they succeed, you succeed, and you can celebrate together. As far as we know, we&#8217;re the pioneers in this field. We constructed our own platform, so we don&#8217;t rely on Twitch, YouTube, or any other broadcasting service.<\/p>\n<p>Slot machines have always been a solitary activity. Why did you choose to create a social gaming experience?<\/p>\n<p>We examined the statistics and how individuals spend money globally, and we noticed a trend towards increased streaming. In Asia, nearly one-third of online purchasing occurs through streamers. The traditional method of shopping on Amazon is outdated, particularly in Asia. We anticipate this trend reaching the West.<\/p>\n<p>Individuals there, especially younger generations, desire more interaction. Apple has SharePlay, where you can watch movies or listen to music together. <\/p>\n<p>Disney Plus is on the verge of introducing a fresh feature known as GroupWatch, which will enable you to transmit a film to twenty distinct living spaces, but watch it collectively. Outside the realm of the industry, we&#8217;ve observed these social patterns on the ascent.<\/p>\n<p>We&#8217;ve been discussing this in the sphere of online gaming for an extended period, but I believe 2022 will be the year it achieves widespread adoption, it will no longer be a specialized acceptance.<\/p>\n<p>Considering the recent surge of gamification and engagement features, it feels as though developers have been unable to craft a truly multiplayer product &#8211; what is the reason for this?<\/p>\n<p>This is likely the reason I developed a fondness for Livespins. When Robin [Reid] presented me with the product, I thought for the first time, this is pertinent to the general public. It&#8217;s not some marginal niche. Multiplayer encounters have been somewhat cumbersome or very specialized up to this point.<\/p>\n<p>Livespins, on the other hand, is not. Certainly, there will still be some individuals who prefer to play solo, who aren&#8217;t interested in all the additional features, but I believe Livespins is less specialized and more appealing to mass consumers and players.<\/p>\n<p>Is this the ultimate objective of Livespins?<\/p>\n<p>The &#8220;betting&#8221; product we launched with Livespins is definitely not the final step in our product offering. This is merely the commencement. We perceive Livespins as a completely new category.<\/p>\n<p>When you visit an operator&#8217;s website, you&#8217;ll see your live casino and table games. <\/p>\n<p>Livespins will be a fresh, self-governing approach to experiencing casino games. We&#8217;re constructing our product range from the beginning, laying the groundwork for a completely new way to play.  There will be numerous diverse ways to engage in the future.<\/p>\n<p>Do you believe slot machines, in particular, require a revamp? The fundamental gameplay hasn&#8217;t significantly evolved since slots migrated online, so is there space for substantial modifications?<\/p>\n<p>Absolutely. I believe there&#8217;s ample room for innovative concepts. The key is to discover alterations that truly make a difference. I observe numerous minor changes in slots, such as tournaments and contests. They&#8217;re merely adding to the core game.<\/p>\n<p>Livespins is developing an entirely new product. It&#8217;s not just a minor adjustment, it&#8217;s a completely new way to play slots collectively. I hope to witness more of this, because slots truly need something novel. But it needs to be excellent, something individuals genuinely desire. Don&#8217;t simply alter things for the sake of it.<\/p>\n<p>Do you think these new ideas will originate from within the casino industry or from other domains, such as video games?<\/p>\n<p>I hope it originates from both. We&#8217;re definitely advocating for change from within, but there&#8217;s also a great deal of energy emanating from the United States. <\/p>\n<p>We had a lighthearted discussion about the potential consequences of Amazon entering the realm of online betting.<\/p>\n<p>We&#8217;ve witnessed it firsthand. Netflix is venturing into the gaming arena, not wagering. This pattern is poised to persist. What remains uncertain is whether they will draw a boundary at social or free-to-play games, or if they will venture into the real money gaming domain. Who can say?<\/p>\n<p>The primary point we aim to convey is that this isn&#8217;t merely another form of gaming, it&#8217;s actually an entirely new category. It&#8217;s a completely novel approach to playing slots that we&#8217;ve never encountered before. <\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## Livespins Aims to Redefine Slot Machines &#8211; iGB Marese O&#8217;Hagan talks with Michael Pedersen, Chief Business Officer of Livespins, about the driving force behind the company and why he thinks it can disrupt an industry that needs a change. **Home > Casino &#038; Gaming > Slot Machines > Livespins Aims to Redefine Slot Machines** [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Livespins: Redefining Slot Machines | iGB<\/title>\n<meta name=\"description\" content=\"Livespins is shaking up the slot machine industry with a new approach that brings players together. 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